Question: Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows: Price (s) Demand (millions) Supply

Consider a competitive market for which the

Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows: Price (s) Demand (millions) Supply (millions) 60 22 14 80 20 16 100 18 18 120 16 20 What is the equilibrium price

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